Whether you are a single-physician practice or part of a large multi-specialty clinic, Physician Data Services will provide your office with timely and accurate information.
Billing - Electronic Claim Submission: CMS-1500 claims will be scrubbed and edited for claim-killing errors prior to submission to the payer. Complete follow-up and re-submission on denied claims.
Payment Entry: Payments will be posted to the patient account and when applicable, a secondary claim or self-pay statement generated and mailed.
Account Follow-Up and Collection: After three patient statements have been submitted, the account will become eligible for collections. Upon your approval, the account information will be electronically transmitted to a professional collection agency for additional follow-up.
Monthly Reporting: Each month you will receive a financial summary, aging analysis by payer, detail charges by provider and detail payments and adjustments by provider.
Courier Service: Physician Data Services will pick up all charge tickets, payment receipts, billing vouchers and supporting documentation at predetermined times during the week.
Provider Enrollment / Credentialing: Physician Data Services will manage the completion and submission process of all documents to ensure enrollment criteria is satisfied for each participating payer.
New Practice Start-Up: Physician Data Services will work with the new practice from submitting provider enrollment documents to establishing office policies and procedures - all aspects of developing a successful business.
Management Consulting: Physician Data Services will utilize their years of revenue cycle management expertise to analyze your organization's existing operations and make recommendations based upon industry standard best practices.